Edo State anticipates clarity regarding its oil and gas entitlements as the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) commits to fairness in resolving long-standing disputes over oil and gas well locations. Chairman of the commission, Dr. Mohammed Shehu, affirmed this commitment during a briefing in Abuja, emphasizing the ongoing […]
derivation fund
In a recent press conference held in Benin City, Mr. Joseph Eboigbe, the Commissioner for Finance, Budget, Economic Planning, and Development in Edo State, disclosed the state’s allocation of N28 billion from the one trillion naira 13 percent derivation refund intended for oil-producing states in Nigeria. As of now, Edo […]